The Indian stock market is likely to witness a gap up opening following its global peers after encouraging early-stage data for a potential coronavirus vaccine lifted hopes for a near-term economic recovery.
SGX Nifty is up over 188 points with Nifty futures trading at 8974 on the Singaporean Exchange around 08:45 hours IST.
In an interview to CNBC-TV18, top market experts recommend which stocks to bet on for good returns:
Ashwani Gujral of ashwanigujral.com
Buy Tata Consultancy Services with a stop loss of Rs 1,930, target at Rs 1,975
Buy Cipla with a stop loss of Rs 590, target at Rs 625
Sell Shriram Transport Finance with a stop loss of Rs 582, target at Rs 560
Sell RBL Bank with a stop loss of Rs 114, target at Rs 100
Sell TVS Motor Company with a stop loss of Rs 312, target at Rs 294
Sudarshan Sukhani of s2analytics.com
Buy Lupin with a stop loss of Rs 835, target at Rs 875
Buy Tata Consultancy Services with a stop loss of Rs 1,900, target at Rs 2,000
Buy Bharti Infratel with a stop loss of Rs 210, target at Rs 213
Buy Colgate Palmolive with a stop loss of Rs 1,375, target at Rs 1,410
Mitessh Thakkar of mitesshthakkar.com
Buy ACC with a stop loss of Rs 1,120, target at Rs 1,165
Buy HDFC with a stop loss of Rs 1,492, target at Rs 1,560
Sell Bajaj Finance with a stop loss of Rs 1,985, target at Rs 1,800
Buy Kotak Mahindra Bank with a stop loss of Rs 1,094, target at Rs 1,150
Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
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